Latest news with #MVBFinancial
Yahoo
25-05-2025
- Business
- Yahoo
Is It Worth Considering MVB Financial Corp. (NASDAQ:MVBF) For Its Upcoming Dividend?
Readers hoping to buy MVB Financial Corp. (NASDAQ:MVBF) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. Typically, the ex-dividend date is one business day before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Thus, you can purchase MVB Financial's shares before the 30th of May in order to receive the dividend, which the company will pay on the 15th of June. The company's next dividend payment will be US$0.17 per share. Last year, in total, the company distributed US$0.68 to shareholders. Looking at the last 12 months of distributions, MVB Financial has a trailing yield of approximately 3.6% on its current stock price of US$18.97. If you buy this business for its dividend, you should have an idea of whether MVB Financial's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing. We check all companies for important risks. See what we found for MVB Financial in our free report. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Fortunately MVB Financial's payout ratio is modest, at just 46% of profit. Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is. Check out our latest analysis for MVB Financial Click here to see the company's payout ratio, plus analyst estimates of its future dividends. When earnings decline, dividend companies become much harder to analyse and own safely. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. MVB Financial's earnings per share have fallen at approximately 7.9% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. MVB Financial has delivered an average of 24% per year annual increase in its dividend, based on the past 10 years of dividend payments. Is MVB Financial worth buying for its dividend? MVB Financial's earnings per share are down over the past five years, although it has the cushion of a low payout ratio, which would suggest a cut to the dividend is relatively unlikely. It doesn't appear an outstanding opportunity, but could be worth a closer look. Curious what other investors think of MVB Financial? See what analysts are forecasting, with this visualisation of its historical and future estimated earnings and cash flow. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Wire
19-05-2025
- Business
- Business Wire
MVB Financial Corp. Announces Stock Repurchase Program
FAIRMONT, WIRE)--The Board of Directors of MVB Financial Corp. ('MVBF' or 'MVB Financial') (Nasdaq: MVBF) today announced the authorization of a stock repurchase program of up to $10 million of MVB's common stock. 'MVB's strong capital position provides the opportunity to execute this stock repurchase program, which further strengthens our already robust shareholder value proposition,' said Larry F. Mazza, CEO, MVB Bank and MVB Financial. MVB intends to begin repurchasing stock in May 2025, and the stock repurchase program will expire upon the expenditure of $10 million, when terminated or otherwise completed. Purchases may be made in open-market transactions, in block transactions on or off an exchange, in privately negotiated transactions or by other means as determined by MVB's management and in accordance with the regulations of the Securities and Exchange Commission. The timing of purchases and the number of shares repurchased under the stock repurchase program will depend on a variety of factors including price, trading volume, market conditions and corporate and regulatory requirements. 'MVB's strong capital position provides the opportunity to execute this stock repurchase program, which further strengthens our already robust shareholder value proposition,' said Larry F. Mazza, CEO, MVB Bank and MVB Financial. 'MVB remains committed to the success of our clients, shareholders and the communities we serve.' About MVB Financial Corp. MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker 'MVBF.' Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank's subsidiaries, the Company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. For more information about MVB, please visit Forward-Looking Statements MVB Financial Corp. has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this press release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as 'may,' 'could,' 'should,' 'would,' 'will,' 'plans,' 'believes,' 'estimates,' 'expects,' 'anticipates,' 'intends,' 'continues,' or the negative of those terms or similar expressions. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in forward-looking statements. Therefore, undue reliance should not be placed upon any forward-looking statements. Those factors include but are not limited to: market, economic, operational, liquidity, and credit risk; changes in market interest rates; inability to successfully execute business plans, including strategies related to investments in financial technology companies; competition; unforeseen events, such as pandemics or natural disasters, and any governmental or societal responses thereto; changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; changes in deposit classifications: operational risks and risk management failures; and government regulation and supervision. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as well as its other filings with the SEC, which are available on the SEC's website at Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements.
Yahoo
04-04-2025
- Business
- Yahoo
MVB Financial Corp. (MVBF): Insider Were Buying In Q1 2025
We recently published a list of . In this article, we are going to take a look at where MVB Financial Corp. (NASDAQ:MVBF) stands against other micro-cap stocks insiders were buying in Q1 2025. The White House announced Tuesday that Trump's tariffs would take effect immediately after being unveiled on Wednesday. In anticipation of these 'reciprocal tariffs,' which will apply to all countries, the stock market reacted. By Tuesday morning, the broader market index and Nasdaq Composite dropped by about 0.2%, while blue-chip companies lost 0.06%. Amid ongoing market uncertainty, insider trading often comes under the spotlight. Executive stock purchases can signal optimism, but sales may reflect personal financial decisions or a need to diversify investments. To maintain transparency, executives typically follow pre-arranged strategies, like 10b5-1 plans. While insider trading can offer valuable information, it's important to evaluate it in the broader context of the company's financial stability and current market trends. Today, we're focusing on stocks with micro market capitalizations that have seen significant insider buying in the first quarter of the year. Using Insider Monkey's insider trading screener, we identified companies with market caps under $250 million where at least three insiders purchased shares in the past three months. From this list, we ranked the top 10 stocks with the highest number of insiders making purchases. Stocks that have been recently covered were excluded from our analysis. Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). With each stock, we note the number of insiders who acquired shares in the first quarter and market capitalizations. A customer using a mobile banking app at home to securely transfer money. Number of insiders buying: 6 Market Capitalization: $223.37 million MVB Financial is a bank holding company for MVB Bank, providing financial services to individuals and businesses through its CoRe Banking, Mortgage Banking, and Financial Holding Company segments. The Fairmont, West Virginia-headquartered company offers a variety of deposit accounts, loans, fintech solutions, and fraud prevention services, as well as digital products for community banks and credit unions. For the fourth quarter of 2024, MVB Financial disclosed a net income of $9.4 million, or $0.73 basic and $0.72 diluted earnings per share, which compares to a net income of $7.9 million, or $0.62 basic and $0.61 diluted earnings per share in the same quarter of 2023. Noninterest income rose by $14.6 million (219.7%) to $21.3 million, mainly due to an $11.8 million gain from a sale-leaseback transaction, a $1.2 million increase in other operating income, and a $1.0 million gain from loan sales. Noninterest expense increased by $4.1 million (14.0%) to $33.6 million, driven by higher employee benefits, incentive compensation, and increased professional fees, including audit and legal costs. In March, six insiders, including the CEO, and CFO, purchased approximately $129,566 worth of MVB Financial shares at an average price of $17.30 per share. Currently, the stock trades at $17.25 per share, having declined 16.67% year-to-date, and 19.88% over the past 12 months. Three analysts rate MVB Financial as a 'Moderate Buy' with a price target of $25.00, according to MarketBeat. The average price target suggests a potential upside of 44.93% from the latest price. Overall, MVBF ranks 3rd on our list of micro-cap stocks insiders were buying in Q1 2025. While we acknowledge the potential of MVBF our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MVBF but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
23-02-2025
- Business
- Yahoo
MVB Financial Corp. (NASDAQ:MVBF) Is About To Go Ex-Dividend, And It Pays A 3.6% Yield
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see MVB Financial Corp. (NASDAQ:MVBF) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Thus, you can purchase MVB Financial's shares before the 28th of February in order to receive the dividend, which the company will pay on the 15th of March. The company's next dividend payment will be US$0.17 per share. Last year, in total, the company distributed US$0.68 to shareholders. Looking at the last 12 months of distributions, MVB Financial has a trailing yield of approximately 3.6% on its current stock price of US$19.01. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if it's growing. See our latest analysis for MVB Financial Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. MVB Financial paid out a comfortable 44% of its profit last year. Companies that pay out less in dividends than they earn in profits generally have more sustainable dividends. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Companies with falling earnings are riskier for dividend shareholders. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. Readers will understand then, why we're concerned to see MVB Financial's earnings per share have dropped 7.0% a year over the past five years. Ultimately, when earnings per share decline, the size of the pie from which dividends can be paid, shrinks. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. MVB Financial has delivered 24% dividend growth per year on average over the past 10 years. Should investors buy MVB Financial for the upcoming dividend? Earnings per share have shrunk noticeably in recent years, although we like that the company has a low payout ratio. This could suggest a cut to the dividend may not be a major risk in the near future. It might be worth researching if the company is reinvesting in growth projects that could grow earnings and dividends in the future, but for now we're on the fence about its dividend prospects. Ever wonder what the future holds for MVB Financial? See what the three analysts we track are forecasting, with this visualisation of its historical and future estimated earnings and cash flow Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
